promoting entrepreneurship to address youth unemployment · promoting entrepreneurship to address...
TRANSCRIPT
Promoting entrepreneurship to address youth unemployment
PEP Annual Conference 03-08 June 2016
Dusit Thani, Philippines
Rationale• Youthhighest unemployment and
underemployment ratesentrepreneurship as an alternative
source of income• Government supportenhance labor market outcomes
for the youth
Key Research Question and Hypothesis• role of government youth education
programs in improving the youth’s likelihood of enjoying higher benefits from employment and entrepreneurial activities
• difference in labor market outcomes between young individuals who availed of government-sponsored youth education programs and those who did not
Methodology
Propensity score matching (PSM)
• Primary data source: 2015 CBMS survey data• Secondary data source: GEM 2014 survey data BLES 2006-2015 statistics PSA-NSCB statistics
Main Research Findings• Youth profile Unemployed (10.5%)
Entrepreneurs
o women account for 67.7% of businesses
male (59%) single (82%)21-22 years old (11.2% and 10.3%, respectively)
high school graduate (65%)
sari-sari stores (35%) service-related activities (26%)vendor (29%) retail sales (6%) rental (3%)
Main Research Findings• Descriptive statistics
disparity in income and asset levels; business performance
male belong to a HH with about 5 members
married reside in urban areaworking but not self-employed
elementary schooling as the highest educational attainment
Main Research Findings• PSM results: Determinants of participation
in government-sponsored programs
• PSM results: Effects of the government-sponsored programshigher total income: more than PhP3,300/yearwages: more than PhP2,700/year
poverty status civil status, specifically those whoare widowed and marriedhousehold size
Policy/Program Recommendations• Promotional strategies to entice the youth▫ Traditional : poster, tarpaulin, leaflet, brochure▫ Social media : Facebook, Twitter, Instagram▫ Municipal or Barangay Townhall meetings
• Trade fair ▫ Trade fair in coordination with the DOLE and DTI
• National certification to earn credits▫ Coordinate with TESDA for
National Certification
Policy/Program Recommendations• Youth entrepreneurial development
▫ leadership potential and entrepreneurial competencies▫ business ethics and social responsibility of
entrepreneurs▫ personal entrepreneurial competencies
• Youth employment▫ summer employment program▫ work appreciation program▫ youth apprenticeship and employment program▫ create a working youth center
Policy/Program Recommendations• Future directions▫ assess the adequacy of the current programs▫ examine related issues (i.e., funding sufficiency,
appropriateness of targeting protocols, etc.)▫ consider offering complementary but critical
programs (i.e., training on business continuity)▫ analyze and compare the impacts of programs
that strengthen individual capabilities versus those that build the capacity of the community as a whole (i.e., community-based enterprises or social entrepreneurship)